[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Dissolution of Corporation — [Corporation Name] Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally initiate the dissolution process of [Corporation Name], a New Mexico registered corporation. After careful consideration and evaluation of our current business operations and market conditions, the board of directors has come to the mutual decision to dissolve the corporation. As per the New Mexico Business Corporation Act (Chapter 53, Article 11), I hereby request your guidance and assistance in completing the necessary steps for the dissolution. Below, I have provided all the relevant details and documents required for a smooth dissolution process: 1. Corporation Information: — Corporation Name: [Corporation Name— - New Mexico Secretary of State ID: [State ID] — Date of Incorporation: [Date of Incorporation] — Principal Place of Business: [Address] 2. Statement of Intent: In compliance with Section 53-11-2(C) of the New Mexico Business Corporation Act, the shareholders of [Corporation Name] have unanimously passed a resolution to dissolve the corporation. This dissolution is being pursued in accordance with the provisions set forth in Section 53-11-9 of the Act. 3. Final Tax Returns and Payments: We have fulfilled all state and federal tax obligations up to the date of this letter. We will promptly submit our final tax returns and payments to the New Mexico Taxation and Revenue Department and the Internal Revenue Service, respectively. 4. Distribution of Assets: As part of the dissolution process, all remaining assets, both tangible and intangible, will be appropriately distributed among the shareholders. The distribution will be in proportion to their respective ownership interests. We will ensure compliance with any additional requirements set forth by the New Mexico Business Corporation Act regarding asset distribution. 5. Creditor Notification: We will inform all known creditors of the corporation's dissolution. If there are any outstanding liabilities or claims against the corporation, please provide us with the necessary details to facilitate their resolution. 6. Filings with the New Mexico Secretary of State: We will file the necessary documents with the New Mexico Secretary of State to inform them of the dissolution of [Corporation Name]. These documents will include a Certificate of Dissolution, Final Tax Returns, and any other required forms as may be determined during the dissolution process. We kindly request your assistance in reviewing the attached documentation and advising us on any additional steps or requirements that may need to be fulfilled. Your expertise and guidance in this matter will be greatly appreciated. If you require any further documentation or need to discuss any specific details regarding the dissolution process, please do not hesitate to contact me at [Phone Number] or [Email Address]. Thank you for your prompt attention to this request. We look forward to working with you to successfully dissolve [Corporation Name] in full compliance with New Mexico laws and regulations. Yours sincerely, [Your Name] [Your Title] [Corporation Name] Enclosures: — Resolution foDissolutionio— - Shareholder Distribution Plan — Certificatincorporationio— - Financial Statements (if requested) — Any other relevandocumentttttttttts.ts
New Mexico Sample Letter for Dissolution of Corporation
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How to fill out New Mexico Sample Letter For Dissolution Of Corporation?
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New Mexico Dissolution FAQs LLCs that want to dissolve have to pay $25 for the filing fee. For same-day processing, you can pay an additional $300. Two-day processing requires an additional $200.
This intent to dissolve should include the following information: A detailed description of the claim. Information regarding the claim, the amount of the claim, and whether it is admitted to or not. A mailing address where any claims can be sent. A deadline: This must be at least 120 days after the written notice date.
Notify the Taxation and Revenue Department of your close-of-business date by logging in to your administrator account online profile in the TAP system. Click ?more account options? under the BTIN you wish to close. Under the ?Manage my account? cube, click ?close account?.
If you are a New Mexico resident, you must file if you meet any of the following conditions: You file a federal return; You want to claim a refund of any New Mexico state income tax withheld from your pay, or. You want to claim any New Mexico rebates or credits.
Steps to dissolving a corporation or obtaining a corporate dissolution Call a board meeting. ... File a certificate of dissolution with the Secretary of State. ... Notify the Internal Revenue Service (IRS) ... Close accounts and credit lines, cancel licenses, etc.
To dissolve your New Mexico corporation you must file both the Statement of Intent to Dissolve and the Articles of Dissolution. Each one requires a $50 filing fee. Payment must be made by check or money order. You may expedite processing of your dissolution by the PRC.
First, you need to be sure to include the legal name of your company. Second, your articles of dissolution should state the date when your company will be dissolved. Finally, there should be a statement that your corporation's board of directors or your LLC's members approved the dissolution.
Although the content will vary, certain elements should be included in every letter of dissolution. These include: The name of the recipient and the name of the person sending the letter. The purpose of the letter, including the relationship to be terminated and the date of termination, stated in the first paragraph.
